Cement & Cement Products
Shareholding10 April 2026 at 12:21 pm

SBI Mutual Fund reduces Nuvoco Vistas stake to 7.3614%

AI Summary

SBI Mutual Fund has reported a change in its shareholding in Nuvoco Vistas Corporation Ltd under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund's total holding has decreased by approximately 2% from its previous disclosure dated September 18, 2024, when it held 9.3706%. In the latest transaction, SBI Mutual Fund, through its various schemes, sold a net of 37,084 shares, representing 0.0104% of Nuvoco Vistas' paid-up share capital. Following this transaction, SBI Mutual Fund's final holding as of April 09, 2026, stands at 2,62,91,817 shares, which constitutes 7.3614% of the company's total paid-up share capital.

Key Highlights

  • SBI Mutual Fund's stake in Nuvoco Vistas decreased by 2% from prior disclosure.
  • The fund sold a net of 37,084 shares in Nuvoco Vistas.
  • This specific sale represents 0.0104% of the company's capital.
  • SBI MF's final holding is 7.3614% as of April 9, 2026.
  • Disclosure made under SEBI Takeover Regulations 29(2).